Which of the following is not a perceived limitation of financial accounting?

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Including expenses that impact resources not controlled by the entity is not a perceived limitation of financial accounting. The other options are perceived limitations. A is a limitation because discounting liabilities can distort the financial position of an entity. C is a limitation because the application of materiality means that some information that may be relevant to stakeholders may not be disclosed in the financial statements. D is a limitation because financial accounting tends to focus on the needs of investors, rather than stakeholders who may have non-financial interests in the entity.

Which of the Following Is Not a Perceived Limitation of Financial